Analysis is important because it helps us understand complex information, identify patterns and relationships, and make better decisions. By breaking down information into smaller parts and examining them, we can uncover insights that might not be apparent from a surface-level view. This leads to improved problem-solving, more effective strategies, and a greater ability to adapt to changing circumstances.
Quantitative analysis relies on numerical data and statistical methods to identify patterns and measure relationships. Essentially, quantitative analysis seeks to quantify "how many" or "how much".
Qualitative Analysis
Qualitative analysis focuses on non-numerical data, like text, images, and observations, to understand experiences, opinions, and behaviors. Essentially, qualitative analysis seeks to understand the "why" and "how" behind the numbers.